← Strawberry Fields REIT, Inc.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net income $8.4m $16.4m $20.2m $26.5m $33.3m
Net Income From Continuing Operations — $16.4m $20.2m $26.5m $33.3m
Depreciation Expense $27.5m $28.6m $29.2m $33.7m $46.2m
Amortization of bond issuance costs $1.0m $1.2m $558k $629k $2.5m
Amortization Cash Flow — $3.0m $3.0m $4.7m $10.5m
Amortization Of Intangibles — $3.0m $3.0m $4.7m $10.5m
Depreciation — $25.8m $26.5m $29.5m $36.1m
Depreciation Amortization Depletion — $28.8m $29.5m $34.2m $46.6m
Asset Impairment Charge — $0 $2.5m $0 —
Interest Expense $19.4m $21.6m $24.4m $33.7m $47.7m
Repayment of operating lease liability ($284k) ($231k) ($291k) ($505k) ($353k)
Stock-Based Compensation Expense $250k — — — $1.7m
Non-Operating Income (Expense) $8.8m $10.9m — — $12k
Increase in other assets — — ($3.3m) ($1.8m) ($98k)
Foreign currency translation adjustments $2.0m $25.2m $1.2m $431k ($34.8m)
Increase in straight-line rent receivables ($2.0m) ($272k) $200k ($4.4m) ($7.1m)
Change in Accounts Payable $5.1m ($6.4m) $6.9m $785k $9.5m
Purchase of lease rights — — — ($24.0m) —
(Increase) decrease in notes receivable $5.7m ($9.6m) $1.7m $1.1m ($1.8m)
Proceeds from issuance of bonds, net of issuance costs $63.0m — $52.4m $116.7m $95.2m
Proceeds from ATM Stock Sales, net — — — $3.2m $2.3m
Proceeds from equity raise, net — — — $33.0m —
Deferred financing costs — ($1.5m) ($804k) ($784k) —
Repayment of bonds ($22.4m) ($106.0m) ($24.0m) ($10.5m) ($15.0m)
Repayment of note payable — — — — ($8.3m)
Non-controlling interest distributions — ($10.9m) ($20.6m) ($23.5m) ($25.6m)
OP Unit Retirement — — — — ($2.0m)
Common stock retirement — — ($46k) ($2.5m) ($652k)
Note payable assumed in exchange for acquisition of intangible asset — — — — $50.9m
Transfer of other assets to real estate investments, net — — — — $4.2m
OP units issued for property acquisition — — — — $2.0m
Assumption of note payable and other debt for property acquisition — — — $2.8m —
Common shares issued for property acquisition — — — $3.1m —
Right of use lease asset and lease liability terminated — — — $2.9m —
Beginning Cash Position — $52.1m $45.7m $37.8m $93.7m
Cash Flow From Continuing Financing Activities — ($47.2m) $43.5m $133.3m ($5.1m)
Cash Flow From Continuing Investing Activities — ($10.1m) ($106.3m) ($136.8m) ($111.9m)
Change In Account Payable — ($6.4m) $6.9m $785k $9.5m
Change In Other Current Assets — $289k ($3.3m) ($1.8m) ($98k)
Change In Payable — ($6.4m) $6.9m $785k $9.5m
Change In Payables And Accrued Expense — ($6.4m) $6.9m $785k $9.5m
Change In Receivables — ($272k) $200k ($4.4m) ($7.1m)
Change In Working Capital — ($6.4m) $3.8m ($5.4m) $2.3m
Changes In Account Receivables — ($272k) $200k ($4.4m) ($7.1m)
Changes In Cash — ($6.4m) ($7.9m) $55.9m ($26.9m)
End Cash Position — $45.7m $37.8m $93.7m $66.8m
Financing Cash Flow — ($47.2m) $43.5m $133.3m ($5.1m)
Free Cash Flow — $50.9m $54.9m $35.3m $90.0m
Gain Loss On Investment Securities ($3.8m) — — — $12k
Investing Cash Flow — ($10.1m) ($106.3m) ($136.8m) ($111.9m)
Issuance Of Capital Stock $0 — $0 $36.2m $2.3m
Net Foreign Currency Exchange Gain Loss — $11.9m ($1.9m) $3.2m $3.2m
Net Intangibles Purchase And Sale — — $0 ($24.0m) $0
Operating Gains Losses — $11.9m ($1.9m) $3.2m $3.2m
Other Non Cash Items — $233k $827k $781k $3.0m
Purchase Of Intangibles — — $0 ($24.0m) $0
Repurchase Of Capital Stock — $0 ($46k) ($2.5m) ($652k)
Stock Based Compensation $250k $0 — $0 $1.7m
Net Cash from Operating Activities $284k $231k $291k $3.0m $353k
Net cash provided by operating activities $44.8m $50.9m $54.9m $59.3m $90.0m
Capital Expenditure — — — ($24.0m) —
Purchase of real estate investments ($64.1m) ($513k) ($108.1m) ($113.9m) ($110.0m)
Net Investment Properties Purchase And Sale — ($513k) ($108.1m) ($113.9m) ($110.0m)
Purchase Of Investment Properties — ($513k) ($108.1m) ($113.9m) ($110.0m)
Note receivable from sale of real estate investments — — — — $2.4m
Sale Of Investment Properties $44k $0 — — —
Net Other Investing Changes — ($9.6m) $1.7m $1.1m ($1.8m)
Net cash used in investing activities ($58.3m) ($10.1m) ($106.3m) ($136.8m) ($111.9m)
Proceeds from Debt Issuance $1.7m $105.0m $69.2m $59.0m —
Issuance Of Debt — $105.0m $121.6m $175.7m $95.2m
Long Term Debt Issuance — $105.0m $121.6m $175.7m $95.2m
Net Issuance Payments Of Debt — ($34.3m) $83.5m $127.8m $28.5m
Net Long Term Debt Issuance — ($34.3m) $83.5m $127.8m $28.5m
Repayment of senior debt ($17.2m) ($33.2m) ($14.0m) ($37.4m) ($43.3m)
Long Term Debt Payments — ($139.3m) ($38.1m) ($47.9m) ($66.6m)
Repayment Of Debt — ($139.3m) ($38.1m) ($47.9m) ($66.6m)
Common Stock Issuance $0 — $0 $36.2m $2.3m
Net Common Stock Issuance — $0 ($46k) $33.8m $1.7m
Common Stock Payments — $0 ($46k) ($2.5m) ($652k)
Payment of dividends — ($637k) ($2.9m) ($4.0m) ($7.6m)
Cash Dividends Paid — ($637k) ($2.9m) ($4.0m) ($7.6m)
Preferred Stock Dividend Paid ($1.5m) $0 — — —
Net Other Financing Charges — ($12.4m) ($37.2m) ($24.2m) ($27.6m)
Net cash (used in) provided by financing activities $23.6m ($47.2m) $43.5m $133.3m ($5.1m)
(Decrease) increase in cash and cash equivalent and restricted cash and equivalents $10.1m ($6.4m) ($7.9m) $55.9m ($26.9m)
Cash and cash equivalents and restricted cash and equivalents at the beginning of the year $52.1m $45.7m $37.8m $93.7m $66.8m
Change In Cash Supplemental As Reported — ($6.4m) ($7.9m) $55.9m ($26.9m)
Interest Paid Supplemental Data — $21.6m $24.4m $33.7m $47.7m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.